Polaris Price To Sales Ratio vs Dividend Yield Analysis

PIF Stock  CAD 13.43  0.13  0.96%   
Polaris Infrastructure financial indicator trend analysis is much more than just breaking down Polaris Infrastructure prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Polaris Infrastructure is a good investment. Please check the relationship between Polaris Infrastructure Price To Sales Ratio and its Dividend Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polaris Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Price To Sales Ratio vs Dividend Yield

Price To Sales Ratio vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Polaris Infrastructure Price To Sales Ratio account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Polaris Infrastructure's Price To Sales Ratio and Dividend Yield is -0.27. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Polaris Infrastructure, assuming nothing else is changed. The correlation between historical values of Polaris Infrastructure's Price To Sales Ratio and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Polaris Infrastructure are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Price To Sales Ratio i.e., Polaris Infrastructure's Price To Sales Ratio and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Polaris Infrastructure stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Polaris Infrastructure sales, a figure that is much harder to manipulate than other Polaris Infrastructure multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Dividend Yield

Dividend Yield is Polaris Infrastructure dividend as a percentage of Polaris Infrastructure stock price. Polaris Infrastructure dividend yield is a measure of Polaris Infrastructure stock productivity, which can be interpreted as interest rate earned on an Polaris Infrastructure investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Polaris Infrastructure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Polaris Infrastructure current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polaris Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Polaris Infrastructure's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 9th of January 2025, Enterprise Value Multiple is likely to grow to 5.72, while Selling General Administrative is likely to drop about 5.4 M.
 2022 2023 2024 2025 (projected)
Interest Expense17.1M19.3M22.2M23.3M
Depreciation And Amortization25.6M28.9M33.3M35.0M

Polaris Infrastructure fundamental ratios Correlations

0.160.930.680.63-0.720.330.560.980.30.560.50.850.320.860.310.530.930.490.670.850.780.240.06-0.020.83
0.16-0.090.330.56-0.14-0.11-0.220.21-0.03-0.220.130.03-0.31-0.27-0.090.460.390.09-0.180.010.46-0.280.990.090.2
0.93-0.090.50.33-0.640.460.680.890.220.670.410.830.510.830.330.270.730.540.750.870.540.18-0.18-0.190.74
0.680.330.50.58-0.810.280.220.690.220.220.70.740.410.560.160.240.750.680.380.740.640.090.26-0.210.69
0.630.560.330.58-0.38-0.02-0.070.690.11-0.080.250.38-0.320.50.260.850.840.130.030.320.90.090.50.340.57
-0.72-0.14-0.64-0.81-0.38-0.19-0.43-0.71-0.31-0.43-0.75-0.94-0.61-0.64-0.03-0.16-0.7-0.58-0.56-0.91-0.55-0.27-0.070.26-0.83
0.33-0.110.460.28-0.02-0.190.140.43-0.280.15-0.070.320.570.240.79-0.10.150.850.150.450.16-0.37-0.12-0.670.41
0.56-0.220.680.22-0.07-0.430.140.430.241.00.170.560.330.530.090.090.370.240.980.550.290.14-0.250.090.47
0.980.210.890.690.69-0.710.430.430.240.430.480.840.350.830.410.560.930.570.540.850.820.20.12-0.10.88
0.3-0.030.220.220.11-0.31-0.280.240.240.240.530.270.140.38-0.390.180.35-0.060.330.220.150.82-0.130.310.14
0.56-0.220.670.22-0.08-0.430.151.00.430.240.170.560.340.530.10.090.370.250.980.560.290.14-0.250.080.48
0.50.130.410.70.25-0.75-0.070.170.480.530.170.680.560.47-0.270.040.530.370.360.640.280.490.05-0.230.47
0.850.030.830.740.38-0.940.320.560.840.270.560.680.660.760.190.190.750.620.680.990.590.28-0.05-0.290.9
0.32-0.310.510.41-0.32-0.610.570.330.350.140.340.560.660.320.15-0.480.10.740.410.72-0.090.13-0.34-0.760.46
0.86-0.270.830.560.5-0.640.240.530.830.380.530.470.760.320.320.430.780.340.640.740.640.47-0.370.090.7
0.31-0.090.330.160.26-0.030.790.090.41-0.390.1-0.270.190.150.320.310.240.530.080.260.39-0.3-0.09-0.370.42
0.530.460.270.240.85-0.16-0.10.090.560.180.090.040.19-0.480.430.310.71-0.090.140.130.840.140.420.510.46
0.930.390.730.750.84-0.70.150.370.930.350.370.530.750.10.780.240.710.380.50.710.90.270.290.150.79
0.490.090.540.680.13-0.580.850.240.57-0.060.250.370.620.740.340.53-0.090.380.320.720.33-0.230.06-0.670.63
0.67-0.180.750.380.03-0.560.150.980.540.330.980.360.680.410.640.080.140.50.320.670.380.23-0.230.040.57
0.850.010.870.740.32-0.910.450.550.850.220.560.640.990.720.740.260.130.710.720.670.540.19-0.07-0.390.88
0.780.460.540.640.9-0.550.160.290.820.150.290.280.59-0.090.640.390.840.90.330.380.540.110.40.260.81
0.24-0.280.180.090.09-0.27-0.370.140.20.820.140.490.280.130.47-0.30.140.27-0.230.230.190.11-0.380.280.16
0.060.99-0.180.260.5-0.07-0.12-0.250.12-0.13-0.250.05-0.05-0.34-0.37-0.090.420.290.06-0.23-0.070.4-0.380.080.15
-0.020.09-0.19-0.210.340.26-0.670.09-0.10.310.08-0.23-0.29-0.760.09-0.370.510.15-0.670.04-0.390.260.280.08-0.19
0.830.20.740.690.57-0.830.410.470.880.140.480.470.90.460.70.420.460.790.630.570.880.810.160.15-0.19
Click cells to compare fundamentals

Polaris Infrastructure Account Relationship Matchups

Polaris Infrastructure fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets491.1M502.7M535.1M519.4M597.3M318.7M
Total Current Liabilities35.0M34.3M30.6M31.4M36.1M29.7M
Total Stockholder Equity228.7M262.8M269.7M269.3M309.7M160.1M
Property Plant And Equipment Net370.7M354.4M396.0M383.8M441.4M298.7M
Net Debt129.9M73.1M152.0M135.1M155.3M89.8M
Retained Earnings(390.0M)(400.6M)(410.2M)(411.1M)(370.0M)(351.5M)
Accounts Payable9K8.2M9.5M12.0M13.8M14.4M
Cash60.1M97.9M35.3M40.1M46.1M34.7M
Non Current Assets Total410.8M392.6M484.5M465.4M535.2M348.8M
Other Assets11.6M10.7M10.2M(50K)(57.5K)(54.6K)
Cash And Short Term Investments60.1M97.9M35.3M40.1M46.1M36.0M
Net Receivables19.4M9.3M11.2M10.6M12.2M6.4M
Common Stock Shares Outstanding16.3M16.9M19.0M21.1M24.2M25.4M
Liabilities And Stockholders Equity491.1M502.7M535.1M519.4M597.3M318.7M
Non Current Liabilities Total229.3M207.6M234.3M218.1M250.8M134.8M
Other Current Assets158K2.9M994K5.8M6.7M7.0M
Other Stockholder Equity19.7M14.3M13.8M14.0M12.6M12.0M
Total Liab264.3M241.9M264.9M249.5M286.9M158.8M
Property Plant And Equipment Gross370.7M604.7M675.5M675.3M776.6M815.5M
Total Current Assets80.3M110.1M50.6M54.0M62.1M42.6M
Short Long Term Debt Total197.9M175.3M187.3M175.1M201.4M185.5M
Other Current Liab13.8M2.6M4.7M1.5M1.3M1.3M
Short Term Debt21.3M23.4M15.4M16.2M18.7M30.0M
Non Currrent Assets Other13.8M11.4M13.0M11.3M13.0M11.9M
Intangible Assets24.3M23.0M57.5M55.0M49.5M32.2M
Other Liab54.1M60.6M60.0M62.3M71.7M49.5M
Net Tangible Assets183.6M204.4M239.8M199.8M229.8M200.4M
Long Term Debt168.2M150.9M169.5M156.5M180.0M175.7M
Short Long Term Debt21.1M3.2M4.9M3.0M2.7M2.6M
Property Plant Equipment372.8M374.7M358.8M402.1M462.4M404.4M
Long Term Debt Total168.7M176.6M151.9M172.0M154.8M132.9M
Capital Surpluse19.6M19.7M14.3M13.8M15.9M16.8M
Net Invested Capital418.0M412.5M444.1M428.9M493.2M446.1M

Pair Trading with Polaris Infrastructure

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Polaris Infrastructure position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Polaris Infrastructure will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Polaris Infrastructure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Polaris Infrastructure when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Polaris Infrastructure - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Polaris Infrastructure to buy it.
The correlation of Polaris Infrastructure is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Polaris Infrastructure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Polaris Infrastructure moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Polaris Infrastructure can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Polaris Stock

Balance Sheet is a snapshot of the financial position of Polaris Infrastructure at a specified time, usually calculated after every quarter, six months, or one year. Polaris Infrastructure Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Polaris Infrastructure and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Polaris currently owns. An asset can also be divided into two categories, current and non-current.